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Edinburgh Woollen Mill Gets 10-Day Extension to Cobble Rescue Package

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Edinburgh Woollen Mill Group got the U.K. High Court’s approval for a 10-day extension on its deadline to appoint an administrator. The hope is that the knitwear specialist can ink a deal with a suitor to avoid an all-out collapse into administration, the equivalent to bankruptcy in the U.S. EWM owner Philip Day last week…

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